Saudi Council Reviews Economic Resilience and Vision 2030 Progress
The Council of Economic and Development Affairs in Saudi Arabia convened via video conference to assess the nation's economic resilience and the strategic milestones of Vision 2030. The council reviewed a monthly report from the Ministry of Economy and Planning, which highlighted the Saudi economy's robustness amidst global geopolitical tensions and supply chain disruptions. Key discussions included the annual evaluation of Vision 2030 programs by the Strategic Management Office, noting significant progress across its three pillars: a vibrant society, a thriving economy, and an ambitious nation. Additionally, the National Center for Performance Measurement (Adaa) presented its 2025 annual report, indicating sustained positive performance and efficiency in public entities. The meeting also covered infrastructure developments, privatization efforts led by the National Center for Privatization & PPP, and governance frameworks. Specific attention was given to modernization projects in Makkah’s Grand Mosque area and the draft national intellectual property policy. The council adopted various decisions aimed at accelerating implementation in the third phase of Vision 2030, ensuring continued economic stability and operational excellence across government sectors.
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Saudi Council Reviews Economic Resilience and Vision 2030 Progress
The Council of Economic and Development Affairs in Saudi Arabia convened via video conference to assess the nation's economic resilience and the strategic milestones of Vision 2030. The council reviewed a monthly report from the Ministry of Economy and Planning, which highlighted the Saudi economy's robustness amidst global geopolitical tensions and supply chain disruptions. Key discussions included the annual evaluation of Vision 2030 programs by the Strategic Management Office, noting significant progress across its three pillars: a vibrant society, a thriving economy, and an ambitious nation. Additionally, the National Center for Performance Measurement (Adaa) presented its 2025 annual report, indicating sustained positive performance and efficiency in public entities. The meeting also covered infrastructure developments, privatization efforts led by the National Center for Privatization & PPP, and governance frameworks. Specific attention was given to modernization projects in Makkah’s Grand Mosque area and the draft national intellectual property policy. The council adopted various decisions aimed at accelerating implementation in the third phase of Vision 2030, ensuring continued economic stability and operational excellence across government sectors.
Business & Economy